Mohammadhossein Yoosefiizad / Profile

https://www.mql5.com/en/market/product/118768
HEDGE on NASDAQ vs DOWJONES

Use this Robot For FTMO Challenge

HEDGE STRATEGY : Elastic Correlation system in forex market
In this strategy, we select two indicators that have a high correlation with each other and calculate their growth rate and lag through an internal formula.
The robot can add up to six layers of volume and each layer contains a buy and a sell with volumes calculated based on ATR. Suppose we have only one volume layer, if the amount of profit reaches the value that we set in the input menu under Close Profit, both volume positions of the first layer will be closed. If a new volume is created in the next layers based on the distance value and other regulatory conditions, it can be closed and managed through the Close last position, Expand profit option.
The robot's strategy is hedging. In this way, we choose two indicators that have a high correlation with each other, and the volumes are calculated according to a special formula, and one is positive and the other is negative.
Because these two indicators are correlated, they usually move in the same direction. Now one is faster and the other is slower.
When the result of buy and sell is positive, the robot will close both positions at the same time and that's it.
If this correlation weakens a bit or the movement distance of two indicators increases, according to the permission we give to the robot, the volume of the second layer will be taken according to the conditions. It means a new BUY and SELL, which we call this second layer volume. The robot closes all the positions in profit when the result is positive. Of course, there is this feature in the robot to define that the last layers that are positive will be closed in order.
A special robot for the forex market whose strategy is to simultaneously open two positions on two indices with a high correlation coefficient. For example, ounce of euro against ounce of Australian dollar .
Suggested indexes for hedging:
Nasdaq 🆚 DowJones
XauAud 🆚 XauEur
Nasdaq 🆚 S&P500
Brent 🆚 Wti
In this robot, according to the internal formula, it is checked in several time frames which one has grown less and which one has grown more between these two indicators. We buy the index that lags behind and sell the index that has grown the most.
The internal settings of the robot are such that it is possible to increase the volume in times of divergence.
This strategy is here : https://www.mql5.com/en/market/product/118768
This robot, which I designed, performs the hedging action simultaneously on two indices that have a positive correlation coefficient, and first it is checked which index has grown more and which one less in the upward trend. The index that has grown the most sells and the one that has grown the least buys. Of course, this matter will be examined in seven time frames and will be done in stages. I am hedging on xauAud, xauEur which has been very good. Sometimes the correlation between the two decreases for a day or two and a floating negative is created, which can be managed in the robot.

Hedge fund robot:
A special robot for the forex market whose strategy is to simultaneously open two positions on two indices with a high correlation coefficient. For example, ounce of euro against ounce of Australian dollar ( Suggested indicators for hedging:
XauAud🆚 XauEur
Nasdaq 🆚 DowJones
Brent 🆚 Wti).
In this robot, according to the internal formula, it is checked in several time frames which one has grown less and which one has grown more between these two indicators. We buy the index that lags behind and sell the index that has grown the most.
The internal settings of the robot are such that it is possible to increase the volume in times of divergence.

Detect divergence

define level

Trading strategy based on ADX and ICHIMOKU indicators.
The ADX indicator consists of three parts: the main ADX index and the two lines + Di positive and -Di negative .
Our intention in using these two hunting indicators is to find the right entry point at the beginning of a process, not at the end.
Strategy 1 : enter the time of process fatigue
Strategy 2 : Enter at the start of a strong trend

The first strategy: For the first strategy, we consider the following parameters:
ADX Over Level
ADX DisCharge Level
Tenkan-Sen Line

In this strategy, we wait that trend to get tired after gaining power and be ready to go back (correct)
In this case, the ADX index is higher than the set ADX Over Level and now we are waiting for the Trend energy discharge, which we specify that level with ADX DisCharge Level. Trend power is almost gone when the ADX index drops below the ADX DisCharge Level. Now we are waiting for the intersection of +DI and -DI, and finally, the confirmation of the Ichimoku indicator by closing the candle above or below the Tenkan-Sen line.
Below we explain the conditions for entering the buying position as an example (for example, 5 minutes time frame).


BUY position:
ADX Over Level=55
ADX DisCharge Level=39
Di Tolerance =2
In the following example, we intend to enter the buying position. The previous trend is bearish and the ADX value is higher than the ADX Over Level and -Di is above +Di . Now we are waiting for the strength of the downtrend to decrease and enter the buying position at the right point. Then the ADX value decreases and goes below the ADX DisCharge Level. The power of the downtrend is almost gone. Now we are waiting for the line +Di to go above the line -Di. (Di Tolerance = 2)



Finally, we are waiting for the confirmation signal to enter the buy position by closing the candlestick above the Tenkan-Sen Line.Once the candlestick closes above the Tenkan-Sen Line, you can enter the buy position.

Sell position:
In the following example, we intend to enter the Sell position. The previous trend is bullish and the ADX value is higher than the ADX Over Level and the positive +Di is above the -Di negative. Now we are waiting for the bullish trend to weaken and enter the sell position. The ADX value decreases and goes below the ADX DisCharge Level. The strength of the uptrend is almost gone. Now we are waiting for the line -Di negative to go above the line +Di positive (Di Tolerance = 2).
Finally, we are waiting for the confirmation of the signal to enter the sell position by closing the candle below the Tenkan-Sen Line. Once the candlestick closes below the Tenkan-Sen Line, you can enter the sell position.

Strategy 2: Enter at the start of a strong trend
Required parameters:
ADX Over Level=55
Di Level =25
In the desired time frame, we are waiting for the process to gain power as follows. Passing the ADX index over the ADX Over Level and simultaneously increasing the value of Di from the ADX index, and finally entering the position at the top of this intersection by creating the intersection of the Tenkan-sen and Kijun-sen lines and closing the candlestick.

Note: To ensure entry into the position, support and resistance levels can be drawn and the position opened near them.
Mr. Fibonacci Robot with the brand name Mr Fibonacci Robot is available on MQL5.COM site with the above strategy and is completely automatic.
https://www.mql5.com/en/market/product/63710

Trading strategy based on ADX and ICHIMOKU indicators

Trading strategy based on ADX and ICHIMOKU indicators

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